ECHO vs VOD: EchoStar CORP and Vodafone Group compared
Vodafone Group is the larger company, worth $35.9B, about 1.3 times EchoStar CORP.
EchoStar CORP (ECHO)Telecom Services
$94.62$27.5B market cap
vs
Vodafone Group (VOD)Telecom Services
$15.58$35.9B market cap
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Vodafone Group is the larger company, worth $35.9B, about 1.3 times EchoStar CORP.
- Vodafone Group grew revenue faster over the last year (+8.1% vs -19.8%).
- Vodafone Group keeps more of each dollar of revenue as operating profit (7.0% vs 2.2%).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | ECHO | VOD |
|---|---|---|
| Market cap | $27.5B | $35.9B |
| Share price | $94.62 | $15.58 |
| Revenue (last fiscal year) | $15.0B | 40.5B EUR |
| Free cash flow (last fiscal year) | -$1.1B | 7.0B EUR |
| Revenue growth, last year | -19.8% | +8.1% |
| Revenue growth per year, last 5 fiscal years | -6.7% | +2.3% |
| Operating margin | 2.2% | 7.0% |
| Net margin | 81.3% | -0.98% |
| Return on equity | 58.4% | -0.78% |
| P/E (trailing) | 3.46x | — |
| Price / free cash flow | — | 4.36x |
| EV / EBITDA | 1.92x | — |
| FCF growth the price implies | — | — |
| Dividend yield | — | 0.30% |
| Debt / equity | 0.57x | 1.04x |
| Fundamental grade | C | C |
| Superinvestors holding it | 0 | 0 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
EchoStar CORP
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $19.8B | $3.0B | 17.3% |
| 2022 | $18.6B | $548M | 12.0% |
| 2023 | $17.0B | -$668M | -1.6% |
| 2024 | $15.8B | -$292M | -1.9% |
| 2025 | $15.0B | -$1.1B | -118.1% |
Vodafone Group
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | 37.0B EUR | 11.2B EUR | 15.5% |
| 2023 | 37.7B EUR | 10.3B EUR | 38.4% |
| 2024 | 36.7B EUR | 9.7B EUR | 10.0% |
| 2025 | 37.4B EUR | 8.7B EUR | -1.1% |
| 2026 | 40.5B EUR | 7.0B EUR | 7.0% |
Where the revenue comes from
EchoStar CORP · by segments, 2025
Pay-TV$9.7B65%
Wireless$3.8B25%
Broadband and Satellite Services$1.5B10%
Vodafone Group · by segments, 2026
Germany12.1B EUR31%
UK9.2B EUR24%
Africa8.4B EUR22%
Other Europe5.7B EUR15%
Turkey3.4B EUR9%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open ECHO in InvestinglyQuestions
Which is bigger, EchoStar CORP or Vodafone Group?
Vodafone Group (VOD), at $35.9B against $27.5B.
Which grows faster, ECHO or VOD?
Vodafone Group: revenue grew +8.1% over the last year, against -19.8%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.